Friday, 29 May 2015
Last updated 16 hours ago
Jan 26 2006 | 7:41pm ET
Thirty-year-old entrepreneur Jared Polis, who has been called one of the richest young Americans, is reportedly readying to launch his own hedge fund. According to an article in the Rocky Mountain News, Polis, along with Joel Citron, expect to launch the fund in the second quarter with $100-200 million in assets under management.
Polis’ office referred phone calls to Citron, who declined to comment on the new venture.
Colorado-native Polis recently sold online retailer Provide Commerce, formerly known as ProFlowers.com, to Liberty Media for $477 million. In 1999, he sold online greeting card publisher BlueMountain.com to Exite@Home for $780 million.
May 27 2015 | 2:15pm ET
Support Hedge Funds Care, also known as Help For Children (HFC), by participating in this year's raffle. All proceeds go to support HFC's mission of preventing and treating child abuse. Read more…